Stratmin Global Resources PLC Update on Signature Gold & Bass Funds Received (0609A)
March 21 2017 - 5:34AM
UK Regulatory
TIDMSTGR
RNS Number : 0609A
Stratmin Global Resources PLC
21 March 2017
21 March 2016
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
StratMin Global Resources Plc
("StratMin" or the "Company")
Update on Signature Gold Limited and Funds Received from
Bass
Further to the announcement of 2 February 2017 (the
"Announcement"), the Company is pleased to confirm that Signature
Gold Limited ("Signature") has today sent details of the proposed
scheme of arrangement (under Australian law) to its shareholders in
order to facilitate the proposed acquisition of Signature by
StratMin (the "Scheme"). Details of the Scheme can be viewed on
Signature's website at http://www.signaturegold.com.au. As stated
in the Announcement, the acquisition of Signature by StratMin will
be subject to the publication of a new AIM Admission Document,
approval by the Company's shareholders at a general meeting and
admission to trading on AIM of the shares of the enlarged group
(the "Transaction"). The Transaction will be accompanied by a
fundraising of new equity.
The Company can also confirm receipt of the A$1.185 million
(circa GBP734,000) from Bass Metals Limited ("Bass") under the
early settlement agreement, in accordance with the announcement of
7 March 2017.
The Company will issue a further statement if and when
appropriate.
For further information please visit www.stratminglobal.com or
contact:
StratMin Global Resources Plc +44 (0) 20
Brett Boynton, CEO 3691 6160
Allenby Capital (Nominated Adviser
& Broker)
John Depasquale / Nick Harriss +44 (0) 20
/ Richard Short 3328 5656
Optiva Securities (Broker) +44 (0) 20
Christian Dennis 3137 1903
VSA Capital Limited (Financial
Adviser & Broker) +44 (0) 20
Andrew Raca 3005 5000
Yellow Jersey PR
Felicity Winkles +44 (0) 776
Joe Burgess 932 5254
This information is provided by RNS
The company news service from the London Stock Exchange
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